Credit Card Fraud

Businesses could be liable for credit card fraud

from WPTV.com

WEST PALM BEACH, Fla. – If you become a victim of credit card fraud, your bank may not be coming to the rescue. The burden of liability has now switched to retailers and business owners in some cases. It all depends on a little chip now being added to your credit cards. Months ago, CEO of Anthony’s Ladies Apparel received a notice that credit card companies were shifting fraud liability to business owners who don’t have new card readers that work with their chip security technology….

Note: Anthony’s founder lives in our building

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